Income for life

The Charitable Gift Annuity

As people plan for retirement, a common concern is how to ensure steady income for themselves while maximizing whatever tax breaks are available. Many people also think about their commitment to their favorite charities and want to continue to support cause they care about, even when living on a fixed income.

Many individuals have used gift annuities to accomplish both income and philanthropic goals.

Hello, my name is Bill Malone and I am the Director of Planned Giving here at CTN.

Q - What is a gift Annuity?A - A gift annuity is an agreement between an individual and a charitable organization or institution. The Donor transfers assets and receives fixed payments for the rest of his or her lifetime and / or the lifetime of another person, if desired.

If you have questions like this or others pertaining to GIFT ANNUITIES, contact me here at the Planned Giving department and let me see how I can help you.